Cyprium Metals (CYM:AU) has announced Cathode Restart Approved by Cyprium Board
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Brightstar Resources (BTR:AU) has announced AUN: Court Approves Schemes
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LAURION Mineral Exploration (TSXV:LME,OTCPINK:LMEFF, FSE:5YD) is a Canadian mid-stage exploration and development company advancing its 100-percent-owned Ishkōday project in Ontario’s Greenstone Belt. The 57 sq km project hosts gold and zinc-copper-silver mineralization, plus two past-producing mines and roughly 280,000 tonnes of historical stockpiles averaging 1.14 g/t gold—offering multiple value streams and strong leverage to both precious and base metals.
Ongoing drilling, surface work and 3D modeling, supported by leading technical and permitting partners, are outlining a large mineralized system across a 6 km by 2.5 km corridor, highlighting Ishkōday’s district-scale potential. LAURION is also advancing its AEP to enable underground access and potential processing of historical stockpiles, which contain an estimated 10,000 ounces of near-term gold and could provide early cash flow to support future exploration.
Ishkōday geology overview
LAURION’s approximately 73.6 percent insider ownership reflects strong alignment and long-term confidence in the company’s strategy.
Company Highlights
- Dual-mineralization, district-scale opportunity: The Ishkōday project features an uncommon pairing of two mineral systems in a single district: 1) a gold dominant orogenic system and gold with silver-zinc-copper epithermal system.
- Brownfield advantage: Anchored by two historic past-producing mines within a 57 sq km land package in Ontario’s prolific Greenstone Belt.
- Exceptional insider alignment: Approximately 73.6 percent insider, friends-and-family ownership demonstrates long-term confidence in the project.
- Robust technical foundation: Nearly 100,000 metres of drilling, advanced 3D geological modeling, and partnerships with leading engineering, geoscience and ESG firms.
- Near-term cash-flow potential: Surface stockpile and tailings with an historic estimation, containing roughly 10,000 ounces (280kt @ 1.14 g/t Au) of gold pending advanced exploration permit approval.
- Strategic rerating and M&A appeal: Ongoing derisking, resource growth and permitting progress position Ishkōday as a future development or acquisition candidate in a Tier-1 jurisdiction.
This LAURION Minerals Exploration profile is part of a paid investor education campaign.*
Click here to connect with LAURION Minerals Exploration (TSXV:LME) to receive an Investor Presentation
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Brightstar Resources Limited (ASX: BTR) (Brightstar or Company) provides the following update on the proposed acquisition of 100% of the fully paid ordinary shares and options in Aurumin Limited (Aurumin) by Brightstar by way of Court-approved share scheme of arrangement (Share Scheme) and option scheme of arrangement (Option Scheme, together the Schemes) under Part 5.1 of the Corporations Act 2001 (Cth).
Unless otherwise specified, capitalised terms used in this announcement have the same meaning as given in Aurumin’s Scheme Booklet dated 9 October 2025 (Scheme Booklet).
RESULTS OF THE SECOND COURT HEARING
Brightstar is pleased to announce that the Supreme Court of Western Australia (Court) has made orders approving the Schemes under which Brightstar will acquire 100% of the shares of Aurumin and all Aurumin options will be cancelled in exchange for new Brightstar options.
Aurumin intends to lodge an office copy of the Court’s orders with the Australian Securities and Investments Commission (ASIC) on Friday, 21 November 2025, at which time the Schemes will become legally effective. Aurumin expects that the ASX will suspend Aurumin shares from trading on the ASX with effect from the close of trading on Friday, 21 November 2025.
SANDSTONE PROJECT UPDATE
- Brightstar and Aurumin currently have six drilling rigs operating in Sandstone, targeting material Mineral Resource Estimate (MRE) growth and infill drilling key deposits to enable an increase in confidence classification
- Post implementation, the consolidated MRE at Sandstone increases to 2.4Moz @ 1.5g/t Au (pro forma basis with Aurumin)1, with the group total MRE increasing to 3.9Moz @ 1.5g/t Au
- A Mineral Resource upgrade for Sandstone is targeted for release in 1H CY26 following significant exploration drilling over the past 12 months (+70,000m completed to date)
- Workstreams proceed on the consolidated Pre-Feasibility Study, with mining engineering, metallurgical, geotechnical, approvals and permitting activities continuing apace to fast-track the eventual development of the Sandstone Gold Project (targeted for FID in 2H CY27)
- The successful development of Sandstone, in conjunction with the near-term production expansion of Brightstar’s Menzies-Laverton asset base, underpins Brightstar’s aspirational production target of +200,000oz pa.
Brightstar’s Managing Director, Alex Rovira, commented:
“We are delighted to see the overwhelming support from Aurumin securityholders for the Schemes. This is the first time in over a decade the Sandstone Greenstone Belt has been consolidated under one ownership, with production last occurring in Sandstone when the gold price was less than A$1,000/oz.
Despite the limited systematic exploration history as a result of the fragmented ownership, upon completion of the Schemes, Brightstar will emerge with a Mineral Resource of approximately 2.4Moz @ 1.5g/t at the Sandstone Gold Project that is largely constrained within the top 150m from surface. Notably, we see significant potential for Mineral Resource growth following the ~70,000m of drilling already completed in Sandstone by Brightstar, with a targeted ~120,000m of drilling planned for completion prior to the Pre- Feasibility Study targeted for release in mid-2026.
In our view, the Sandstone district potentially represents one of the largest undeveloped gold projects in the WA goldfields in the hands of a junior/emerging company, with the potential for a multi-decade mine life across both open pit and underground operations.
The development of our Menzies, Laverton, and Sandstone Gold Projects is central to delivering on our vision and positioning Brightstar as an emerging mid-tier Western Australian gold producer.”
Click here for the full ASX Release
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Gina Rinehart, owner and CEO of private Australian mining company Hancock Prospecting, has become the largest shareholder of rare earths company MP Materials (NYSE:MP).
Rinehart’s stake in MP, which she owns via Hancock, now stands at 8.4 percent.
According to Bloomberg, Hancock added 1 million shares to its MP position in the third quarter. After MP’s share price doubled during the period, it became the top holding in Hancock’s portfolio.
MP owns and runs the Mountain Pass rare earths mine in San Bernardino County, California. The mine was revived by MP in 2017 and achieved first rare earths concentrate production in 2018.
In 2024, the company produced a record 45,455 metric tons of rare earth oxides in concentrate, as well as 1,294 metric tons of neodymium-praeseodymium (NdPr) oxide, also a record amount.
Mountain Pass is currently the only operating rare earths mine in the US, and is gaining attention as the US seeks to establish a rare earths supply chain outside of China. In July, the US Department of Defense (DoD) agreed to buy US$400 million worth of preferred stock in the company, a move that MP called a ‘transformational public-private partnership.’
On Wednesday (November 19), MP deepened its DoD relationship with a partnership to establish a joint venture with Saudi Arabian Mining Company (Maaden); together they will develop a rare earths refinery in Saudi Arabia.
‘This agreement will be beneficial to MP and our industry, and it further aligns U.S. and Saudi interests,’ said James Litinsky, MP’s founder, chair and CEO, in a press release shared by the company that day.
‘The formation of the joint venture also underscores MP Materials’ role as an American national champion, and it demonstrates how our fully integrated platform can project U.S. industrial capability abroad.’
Earlier this year, the Trump administration said Dateline Resources’ (ASX:DTR,OTCQB:DTREF) Colosseum mine, located 10 kilometres from Mountain Pass, could continue operations under its existing mine plan.
A bankable feasibility study is currently being completed for Colosseum, and is due for completion in early 2026.
Rinehart’s rare earths investments
Rinehart is the wealthiest person in Australia, holding a net worth of US$23.9 billion.
According to Forbes’ 100 billionaires list, she was the 61st richest person globally as of March 7, 2025.
Besides MP, she is also the largest shareholder of Arafura Rare Earths (ASX:ARU,OTC Pink:ARAFF), with Hancock’s first investment in that company tracing back to December 2022.
On October 29, Arafura said it was conducting a AU$475 million financing to further advance its Nolans project. Nolans is expected to eventually supply approximately 4 percent of the world’s NdPr oxide.
Arafura said Hancock committed AU$125 million to the placement, bringing its stake in the firm to 15.7 percent.
Hancock also holds an interest in Lynas Rare Earths (ASX:LYC,OTCQX:LYSDY), with Rinehart raising her stake in the company to 8.21 percent in January via the purchase of about 10 million shares.
In 2023, Hancock Prospecting was reported to back Brazilian Rare Earths (ASX:BRE,OTCQX:BRELY) before it went public, taking a 5.85 percent stake. Brazilian Rare Earths listed on the ASX in December 2023.
Through Hancock, Rinehart also holds investments in lithium, copper and many more commodities. Click here to read about her mining investments and work in the sector.
Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.
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Elliott Investment Management has reportedly taken a large stake in Barrick Mining (TSX:ABX,NYSE:B), the Financial Times reported on Tuesday (November 18), adding activist pressure to the gold producer, which is already dealing with escalating operational problems and a leadership shakeup.
The moves comes just weeks after the abrupt September exit of former CEO Mark Bristow, and as Barrick’s new chief executive, Mark Hill, begins overhauling the company’s regional structure.
In an internal memo seen by Bloomberg, Hill said Barrick will fold its Pueblo Viejo mine in the Dominican Republic into its North American division and merge its Latin America and Asia Pacific operations to improve performance.
Elliott’s investment also comes during a challenging phase for Barrick.
The company has been hit by rising costs at key North American assets and the loss of its most profitable operation, the Loulo-Gounkoto mine in Mali, after the military junta seized control earlier this year.
The dispute, which was tied to Mali’s new mining tax code, resulted in 3 metric tons of gold being taken by the state and the detention of four Barrick employees. The asset loss also triggered a roughly US$1 billion writeoff.
The setbacks have left Barrick trailing behind its peers despite a powerful gold price rally. Company shares are up 117 percent in the past year, compared with an average 130 percent gain among major rivals.
Barrick’s performance has company executives weighing their options.
As mentioned, a split into two companies is being considered. Four people told Reuters that this could involve one firm focused on North America and another holding assets in Africa and Asia. Another option would involve selling Barrick’s Africa portfolio outright, along with the Reko Diq project in Pakistan once financing is secured.
Barrick is also trying to resolve its dispute with Mali before pursuing a sale of that operation.
Investors have pushed similar ideas before, but were stifled due to the company’s North American footprint.
The company’s core US asset is Nevada Gold Mines, which it operates in partnership with Newmont (NYSE:NEM,ASX:NEM), and the sentiment has been that “there is not much of value” in Barrick’s remaining mines.
Bloomberg reported last month that Newmont was looking at whether a transaction could give it control of the Nevada operations it shares with Barrick, but discussions have not advanced since then.
Elliott, meanwhile, has a long record of targeting miners, including Anglo American (LSE:AAL,OTCQX:AAUKF) and Kinross Gold (TSX:K,NYSE:KGC), and often pushes for structural changes.
For Barrick, the challenge now is stabilizing its operations, while deciding how far to go with strategic restructuring in today’s historically high gold price environment.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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In this video, Mary Ellen spotlights the areas driving market momentum following Taiwan Semiconductor’s record-breaking earnings report. She analyzes continued strength in semiconductors, utilities, industrials, and AI-driven sectors, plus highlights new leadership in robotics and innovation-focused ETFs like ARK. From there, Mary Ellen breaks down weakness in health care and housing stocks, shows how to refine trade entries using hourly charts, and compares today’s rally to past market surges. Watch as she explores setups in silver and examines individual stocks like Nvidia, BlackRock, and State Street.
This video originally premiered on July 18, 2025. You can watch it on our dedicated page for Mary Ellen’s videos.
New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.
If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since the April lows, all have been resolved to the upside.
How much longer can this last? That’s been the biggest question since the massive April 9 rally. Instead of assuming the market is due to roll over, it’s been more productive to track price action and watch for potential changes along the way. So far, drawdowns have been minimal, and breakouts keep occurring. Nothing in the price action hints at a lasting change — yet.
While some are calling this rally “historic,” we have a recent precedent. Recall that from late 2023 through early 2024, the index had a strong start and gave way to a consistent, steady trend.
From late October 2023 through March 2024, the S&P 500 logged seven consecutive trading box breakouts. That streak finally paused with a pullback from late March to early April, which, as we now know, was only a temporary hiccup. Once the bid returned, the S&P 500 went right back to carving new boxes and climbing higher.
New 52-Week Highs Finally Picking Up
If there’s been one gripe about this rally, it’s that the number of new highs within the index has lagged. As we’ve discussed before, among all the internal breadth indicators available, new highs almost always lag — that’s normal. What we really want to see is whether the number of new highs begins to exceed prior peaks as the market continues to rise, which it has, as shown by the blue line in the chart below.
As of Wednesday’s close, 100 S&P 500 stocks were either at new 52-week highs or within 3% of them. That’s a strong base. We expect this number to continue rising as the market climbs, especially if positive earnings reactions persist across sectors.
Even when we get that first day with 100+ S&P 500 stocks making new 52-week highs, though, it might not be the best time to initiate new longs.
The above chart shows that much needs to align for that many stocks to peak in unison, which has historically led to at least a short-term consolidation, if not deeper pullbacks — as highlighted in yellow. Every time is different, of course, but this is something to keep an eye on in the coming weeks.
Trend Check: GoNoGo Still “Go”
The GoNoGo Trend remains in bullish mode, with the recent countertrend signals having yet to trigger a greater pullback.
Active Bullish Patterns
We still have two live bullish upside targets of 6,555 and 6,745, which could be with us for a while going forward. For the S&P 500 to get there, it will need to form new, smaller versions of the trading boxes.
Failed Bearish Patterns
In the chart below, you can view a rising wedge pattern on the recent price action, the third since April. The prior two wedges broke down briefly and did not lead to a major downturn. The largest pullbacks in each case occurred after the S&P 500 dipped below the lower trendline of the pattern.
The deepest drawdown so far is 3.5%, which is not exactly a game-changer. Without downside follow-through, a classic bearish pattern simply can’t be formed, let alone be broken down from.
We’ll continue to monitor these formations as they develop because, at some point, that will change.
Saudi Crown Prince Mohammed bin Salman committed his country to increasing his planned investment into the U.S. economy to nearly $1 trillion over the next year on Tuesday.
MBS made the announcement while meeting with President Donald Trump in the Oval Office, saying the investments will take place across the U.S. economy. Trump initially stated that the investment would amount to ‘at least’ $600 billion, but the Saudi leader confirmed the higher amount during his remarks.
‘You’ve agreed to invest $600 billion into the United States and because he’s my friend, he might make it a trillion, but I’m going to have to work on him. But it’s 600. We can count on 600 billion. But, that number could go up a little bit higher,’ Trump said Tuesday.
‘That means investments in plants, in companies, money on Wall Street. And what it really means for everybody, what really counts is jobs. A lot of jobs. We have a lot of jobs,’ Trump added.
Bin Salman vowed to meet the $1 trillion number just minutes later during comments to the press.
Today and tomorrow, we are going to announce that we are going to increase that, that $600 billion to almost $1 trillion of investment, real investment and real opportunity in many areas,’ he said.
‘You know, that’s great. I appreciate that. That’s great. We’re doing numbers that nobody’s ever done. And in all fairness, if you didn’t see potential in the U.S, you wouldn’t be doing it,’ Trump replied.
‘Definitely,’ bin Salman said.
‘You don’t want to lose money,’ Trump joked.
Trump rolled out the red carpet for the Crown Prince on Tuesday, greeting the Middle Eastern leader outside the White House flanked by dozens of U.S. servicemembers. It represents a return to the fold for Saudi Arabia after the country was largely shunned under former President Joe Biden’s administration.
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Nearly two dozen House Democrats defied their party leaders’ wishes Tuesday to vote in favor of rebuking a progressive lawmaker for what critics called an unfair move to tip the scales in his district’s next election.
The House voted to pass a resolution of disapproval against Rep. Jesús ‘Chuy’ García, a measure that was led by one of his fellow Democrats — moderate Rep. Marie Gluesenkamp Perez, D-Wash.
It passed in a 236 to 183 vote, with 23 Democrats voting with the GOP to rebuke García. Four lawmakers voted ‘present’ — Reps. Warren Davidson, R-Ohio, Chrissy Houlahan, D-Pa., Suhas Subramanyam, D-Va., and Marcy Kaptur, D-Ohio.
The Democrats who voted with Republicans include Reps. Kristen McDonald Rivet, D-Mich., Sharice Davids, D-Kan., Laura Gillen, D-N.Y., Angie Craig, D-Minn., Kathy Castor, D-Fla., Jared Golden, D-Maine, Pat Ryan, D-N.Y., and Perez.
‘I’m on the Ethics Committee — I just generally, for stuff that should be referred to the Ethics Committee, I voted present,’ Subramanyam told Fox News Digital of his vote.
Houlahan said, ‘I worry that we’re in an endless cycle of tit-for-tat. What [Garcia] did was not correct. But my choice was to say that this needed to be taken up in the Ethics Committee. That’s why I voted the way I voted, because I don’t want people to continue to bring up resolutions against each other for every single thing that happens.’
Craig and Perez declined to elaborate on their votes.
Perez had accused García of ‘undermining the process of a free and fair election’ by abruptly changing course on his re-election bid hours before the filing deadline in his deep-blue Illinois district. Critics of the move said the timing ensured García’s chief of staff was the only person able to file to run instead.
The division caused a political headache for House Democratic leadership, which opposed the resolution.
House Democrats who voted in favor of rebuking García did so against the expressed wishes of Minority Leader Hakeem Jeffries, D-N.Y., who said Monday that Americans were ‘focused on the high cost of living in the United States of America.’
‘I do not support the so-called resolution of disapproval, and I strongly support Congressman Chuy García. He’s been a progressive champion for disenfranchised communities for decades, including during his time in Congress. And he’s made life better for the American people,’ Jeffries said.
He released an additional statement on Tuesday morning alongside Democratic Whip Katherine Clark, D-Mass., and Democratic Caucus Chair Pete Aguilar, D-Calif., urging opposition to the resolution.
‘He is a good man who has always prioritized the people he represents, even while experiencing unthinkable family tragedy. We unequivocally oppose this misguided resolution and urge our colleagues in the House Democratic Caucus to reject it,’ they wrote.
García said his decision was due to health reasons for himself and his family, as well as a desire to spend more time with his grandchildren.
Democrats’ bid to kill the measure failed on Monday night, with Perez and Rep. Jared Golden, D-Maine, voting with Republicans to proceed with the vote.
Perez laid out her case during debate on the measure shortly thereafter.
‘I like Chuy García. I think his reasons for retiring are noble. We are not here to adjudicate the character of Chuy García. I’m asking the body to consider a set of facts laid before us tonight about how he chose his successor and deprived Americans the right to choose their elected representative,’ she said.
‘One week before the filing deadline, Congressman Chuy García filed for re-election and submitted the necessary signatures for that petition. But three days before the filing deadline, he also began collecting signatures for his chief of staff, who shares his last name. Just hours before the filing deadline, Representative García’s chief of staff submitted the paperwork to run with at least 2,500 signatures attached to it, and Chuy García’s signature was the very first one listed in the petition.’
During his own comments, García suggested his wife’s recent multiple sclerosis diagnosis was part of his decision to withdraw, while disputing other accusations against himself.
‘I filed to run for Congress because this work is more important than ever, and I wanted to deliver for my community and to be part, hopefully, of a new House majority next year. I followed the rules of Illinois and its election law … And contrary to claims that were made earlier today, I did not circulate any petitions that I was accused of circulating. I only circulated when I filed on the first day,’ García said.
‘But as I looked ahead, I had to be honest about what the next term would demand and what my family needed. I saw the big picture — supporting my wife as we managed her illness, taking better care of my own health and being present for the grandson that we just adopted two weeks ago. It was a tough decision, but I made that choice.’
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